oOh!’s reooh signs The Warehouse Group
oOh!’s retail media business reooh signs New Zealand’s largest retail group The Warehouse Group as foundation client
Sydney –: oOh!media today announced New Zealand’s largest retail group, The Warehouse Group, has become the foundation client for retail media business reooh in Australia and New Zealand.
Working in partnership with The Warehouse Group’s retail media arm, MarketMedia and omnichannel retail media platform Zitcha, reooh will build a fully digital in-store screen network enabling advertisers to connect with consumers along the path to purchase.
The initial phase will see state of the art 65-inch digital panels installed at 60 Noel Leeming and The Warehouse stores which will be live for Black Friday and Christmas trading. By the second quarter of 2024 more than 330 freestanding and window screens will be installed as well as connecting existing screens into the new proposition.
Neil Ackland, chief content, marketing and creative officer, oOh!media said: “This partnership presents an incredible opportunity for reooh to collaborate with New Zealand’s largest retail group and one of the most innovative players in the ANZ retail media landscape. Leveraging the expertise of reooh, The Warehouse Group have invested in a premium instore screen network that provides advertisers with a powerful opportunity to influence the path to purchase in a contextual environment.”
The partnership allows advertisers to buy a campaign across reooh’s in-store screen network inside The Warehouse Group’s stores and then extend that campaign to audiences across the oOh! network.
The Warehouse Group, which operates more than 260 stores, is a pioneer in retail media in ANZ. The launch of a digital screen network rounds out its retail media offering which also includes on-site and off-site media channels, providing advertisers access to a multi-category monthly audience of millions of customers.
Jonathan Waecker, chief customer and sales officer, The Warehouse Group, said: “Today’s shoppers crave immersive, experiential interactions both in-store and online, and expect advertising to seamlessly connect them with beloved brands in format that resonates with them. We’re excited to give our brand partners the ability to reach those shoppers while in-store with high-quality digital executions – with many suppliers already placing forward bookings. Our launch partners include Google, Lego, and Microsoft.
“Working with reooh, with their level of scale and expertise in Australia and New Zealand, was an easy choice for us, and the partnership is one that will bear fruit for many years.”
Reooh enables retailers to build a best-in-class in-store screen network, quickly and at scale to generate new revenues as part of a retail media offering. Reooh brings all the capabilities and experience of oOh!’s retail network, where it currently manages and monetises over 8,000 assets across 550 retail centres in ANZ, from outside the store, inside the store.
Spending on retail media is predicted to hit $2.1 billion in Australia by 2026 as retailers and brands tap into one of the highest growing media sectors. Reooh will be making further announcements on additional retail media customers and key hires in coming months.
oOh!media is a leading Out of Home media company that is enhancing public spaces through the creation of engaging environments that help advertisers, landlords, leaseholders, community organisations, local councils and governments reach large and diverse public audiences. The company’s extensive network of more than 37,000 digital and static asset locations includes roadsides, retail centres, airports, train stations, bus stops, office towers, and universities. Listed on the ASX, oOh! employs around 800 people across Australia and New Zealand, and had revenues of $592.6 million in 2022. The company invests heavily in technology, and is pioneering the use of sophisticated data techniques that enable clients to maximise their media spend through unrivalled and accurate audience targeting. Find out more at oohmedia.com.au